Industries

Real estate agents in Yangon say the property market has fallen totally silent over the past week, with almost no deals signed. While sales have continued to slow since the start of the year, there has been no buying and selling whatsoever over the past week, ...

Vietnam’s tourism administration agency has expressed support for installing a controversial cable car system near the world’s largest cave, Son Doong, news website VnExpress reported on 12 October.   Nguyen Van Tuan, chief of the Vietnam National Administration of Tourism, was quoted as saying that the system, ...

Walk down any street in Luang Prabang, Laos, and you will be presented with any number of opportunities to interact with elephants. Some are more ethical than others. Indeed, at the Elephant Village, 15 kilometres outside town, the motto is: “Saving elephants is our mission.” Keep reading ...

Following an at-times turbulent process, Cambodia on 8 October set the 2016 minimum wage for garment workers at $140 per month, a $12 increase from the current rate of $128 but well below union demands for $160. Labour Minister Ith Samheng announced that the government’s wage-setting group, ...

Yangon will need around 75,000 new apartments to be built each year to accommodate the city’s growing population, but contractors are struggling to come anywhere close to this target. More than 330,000 people migrate to Yangon each year from elsewhere in the country, but formidable challenges ...

Laos’ World Heritage town of Luang Prabang is on target to hit 500,000 visitors by the end of this year after reaching 470,279 in the first nine months. Keep reading ...

The Cambodian government set the new monthly minimum wage for the country’s billion-dollar garment sector at $140 on 8 October—up from $128—more than what factory owners wanted but far less than the raise demanded by some unions. Keep reading ...

Some 30,000 real estate transactions were recorded in the first nine months of 2015, which was tantamount to the combined figures from last year, as heard at a seminar on housing development in the Mekong Delta city of Can Tho on 7 October.   According to Chairman ...

Phu Xuyen District, Hanoi, will open an industrial zone to attract industries and handicrafts.   The Hanoi People’s Committee has issued Decision No. 4989/QD-UBND to establish Phu Tuc Industrial Zone in Phu Xuyen District. The industrial complexes will attract industries and handicrafts suitable for industrial development planning and socio-economic ...

The chairman of the Federation of Thai Industries (FTI) is confident that gross domestic product (GDP) will grow by nearly 3 per cent this year from the government’s expected injection of around Bt200 billion into the economy this quarter and the rebound of the tourism sector after ...